Asiamet Resources Share Discussion Threads

[bsg] 07/11/2016 10:30

buyers below mid, never a good sign.

[2lb] 07/11/2016 10:17

Just the 10% rise needed to get into the blue :-)

Taking a degree of comfort from the copper price and strong flow of media and industry coverage suggesting that copper is in for a very strong in over the next 12-36 months.

Trusting the research on ARS as opposed to the price action and still believe Nov-Feb is the key period for a rerate in valuation.

[richsmithsmith] 07/11/2016 10:06

Nice buy.... and great average. Well done my friend.

[2lb] 07/11/2016 09:42

Indeed we could

2016 as the "year of news flow" has been a big fat fail I'm afraid to date although everything is still in the pipe.

We have heard lots of rumbles about "corporate initiatives" and about positive developments with third parties but so far zilch.

We still await license conversion news, ongoing BKM testing results, the heap leach results, BKM resource upgrade etc etc.

This may be a case of waiting for the proverbial bus to come along and then seeing an entire convoy of them come around the corner.

2.215 to but right now......with copper at 2.295

Added 225k at 2.2148 - average now below 2.45 at least....

[mr roper] 07/11/2016 08:57

we could do with some news with a positive spin, Rich.

Decent write up on vox markets you posted earlier.

[richsmithsmith] 07/11/2016 08:33

Talking about next bit of news...(I know licence / funding / drilling results news can drop anytime) looking at the project plan the heap leach test work is due at the end of Nov.

[richsmithsmith] 07/11/2016 08:27

Exactly Mr R... be good for the $ and good for the demand of copper.

[mr roper] 07/11/2016 08:02

Hillary and Trump have both committed to large amounts of infra spending. Copper should get a boost from that ( I hope).

C'mon TM.. get the Beutong approval bagged and let's get this show on the road..

[richsmithsmith] 07/11/2016 07:59

Vox weekend podcast... 4 reasons to put asiamet on your watchlist.http://www.voxmarkets.co.uk/blogs/630-the-weekend-podcast-plus/

[2lb] 07/11/2016 07:46

Copper now bouncing off 2.30

Definite breakout.

[cyberbub] 06/11/2016 10:19

Yes let's hope so adorling!

[adorling] 06/11/2016 04:33

Cyber - I am a patient investor - that's how my big gains have been made but this market has presented many good opportunities this year which I would have liked to have taken advantage of if my capital were not heavily tied up in ARS. I know Tony and the Team will deliver from his track record but after a 12 months gain from 1p to 4p and back on the way to 2p it is so frustrating not to see gains being sustained but to fall back everytime in 2016. Maybe December will be the month for Beutong production licence news and even more significant feasibility results from BKM?

[cyberbub] 05/11/2016 12:22

Encouraging, for people willing to hold for 12-24 months.Adorling just hold on! You've been investing long enough to know mining is a long game...

[richsmithsmith] 05/11/2016 10:12

Lots of stories about copper around at the minute...Like this quote from one of the VPs from BHP. "Copper is superbly placed to benefit from the expanded end use demand on the back of observed trends in technology"Link herehttps://twitter.com/bhpbilliton/status/794664404264611841

[mr roper] 04/11/2016 20:28

Good post, Rich

[richsmithsmith] 04/11/2016 18:34

Well said... If we all talk it down it'll go down. Two weeks ago we saw how the management are about to put millions on the NPV/NAV of BKM by extending the mine life by years and reducing the capex by millions of $$. That and about a half dozen other bits of news are about to drop. And cooper's up over 2% this week:) we've been talking about timing on this for months.

[maverick247] 04/11/2016 18:14

Just got to trust your own view i bought another 100k today mcap ridiculous. Youve got to have balls to make money, to be frank i couldn't give a hoot about us election has no bearing on my investment here

[adorling] 04/11/2016 16:23

Really disappointing end to the week losing 20% hard won gains over past 2 months. Got to start seeing some price progress soon otherwise I might scale down as missing other good opportunities these past 6 months.

[angus thermopyle] 04/11/2016 13:02

The RNS gave us a little momentum on the sell side and the markets being down today just adds to it. I'll be adding monthly it's just a shame I did most of my initial position building on the ride up to 2.8 but as I see this as a 3 to 5 year project with milestones along the way I'll just try to ignore the current price for now (as best I can). It's just very frustrating.

[ayesha4] 04/11/2016 12:17

2LBits not at a premium unfortunately but at least its a small amount. Should not detract from the long term goal.

[2lb] 04/11/2016 11:00

If a discounted placing was in progress then it's probably now a premium placing...

We remain one positive RNS away from a significant rise but it's some time now since we had anything other than a BAU update.

TM repeatedly uses the words "ridiculously low" in respect of the MCAP so it's time they did something to address the valuation and make a material piece of progress.

The key piece of news is not in the hands of the company, that being the Beutong license conversion , which is frustrating for all parties.

We've wasted the potential benefit of a copper price rise with that RNS this week as well.

[bsg] 04/11/2016 10:50

Maybe it's softening the blow of a discount placing?

[cyberbub] 04/11/2016 10:47

Charles... or that the broker is just a bit sloppy...To be fair, the mining sector has been struggling badly for the last 4 years so "market conditions" are not exactly rosy!But that's no reason to make a big deal of it in an RNS.The key point is that even in difficult conditions, Asiamet's advanced project has very attractive returns, and will stand out from the rest of the dross. That's the bet we're all taking anyway!